I have always supported the removal of fuel subsidy. But can we pull through this year without an increase in pump price? I might start considering adjusting my budget!

Adesuwa Tsan And Edegbe Odemwingie

The House of Representatives yesterday approved N4.493 trillion as 2015 budget with an increase of N135.4 billion from the N4,357,960 trillion proposed by the executive in November 2014.

However, no provision was made in the approved 2015 Appropriation Act for fuel subsidy. However, a reduced amount of N21 billion was provided for the Subsidy Reinvestment and Empowerment Programme (SURE-P).

The National Assembly also slashed its own budget by N30billion as it reduced its allocation from N150billion to N120billion.

The 2015 budget passage followed the consideration of the budget report laid on the floor on Wednesday by the chairman of the House Committee on Appropriation, John Enoh


Source:http://leadership.ng/news/428082/budget-2015-reps-give-zero-allocation-to-fuel-subsidy

if true

Is bullsheet Na. GEJ u suda revived our refineries.

I have started making serious considerations ooo. .....

jascon1:
Is bullsheet Na. GEJ u suda revived our refineries.

I don't understand at all..

dearpreye:


I don't understand at all..

Preye listen, the removal of subsidy was the first reason why GEJ disconnected from the masses. Removal of subsidy will cause an increase in the prices of PMS which will again hurt the masses. If our refineries were functional we wouldn't have the need to export our crude to be refined and then reimported. That process of transporting and processing is what causes the hikes in the products. Therefore, our refineries should have been revived before removal of subsidy

jascon1:
Preye listen, the removal of subsidy was the first reason why GEJ disconnected from the masses. Removal of subsidy will cause an increase in the prices of PMS which will again hurt the masses. If our refineries were functional we wouldn't have the need to export our crude to be refined and then reimported. That process of transporting and processing is what causes the hikes in the products. Therefore, our refineries should have been revived before removal of subsidy

That's NOT hard to understand. However what's pretty hard to swallow is the feet dragging attitude of the FG!

What has happened to our refineries ? Where is all the lavished money spent, Jesu oluwa o